1612, Miraclz Tower by Danube
Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, Miraclz Tower by Danube
What is 1612 worth today?
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Source: Dubai Land Department. Updated 13 May 2023.
Key facts
- Type
- Studio apartment
- Size
- 405 sqft
- Floor
- 16th of 34
- Parking
- P1-114
- Developer
- Danube Properties Development
- Completed
- 2019
- Service charge
- AED 5,100 /yr
- Last sold
- AED 530K · July 2017
- Building
- Miraclz Tower by Danube
About 1612, Miraclz Tower by Danube
1612 is a studio of 405 sqft on the 16th floor of Miraclz Tower by Danube, a 34-storey tower in Arjan completed in 2019 by Danube Properties Development. The developer sold it on 11 July 2017 for AED 530,000, or AED 1,309 per sqft, 7% above the AED 1,224 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 13 May 2023, is AED 36,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 5,100 a year.
Sales and rents for 1612 over time
1612 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Miraclz Tower by Danube, and where 1612 sits
All 377 studios →1612 last sold in July 2017 at AED 1,309 per sqft, 7% above what studios in Miraclz Tower by Danube were fetching at the time (AED 1,224). Over the last 12 months studios sold for AED 450,000 to 575,000, around AED 1,384 per sqft, and rent for AED 37,400 to 89,759 a year. 1612's AED 36,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 405 sqft | 499,000 | 1,232 | ||
| 17 Feb 202617 February 2026 | 404 sqft | 499,000 | 1,233 | ||
| 5 Feb 20265 February 2026 | 404 sqft | 555,000 | 1,374 | ||
| 28 Jan 202628 January 2026 | 404 sqft | 560,000 | 1,387 |
Miraclz Tower by Danube
Building590 apartments, studios to 2-bed over 34 floors in Arjan, completed in 2019 by Danube Properties Development. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,297 Down 1.8%
- Typical sale
- AED 560K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.8%
Other units on the 16th floor
All 590 units in Miraclz Tower by Danube| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,198 sqft | AED 1.16MAED 1,156,000 · Jan 2022January 2022 | ||
| 1602 | Studio | 404 sqft | AED 475KAED 475,000 · Feb 2017February 2017 | 28,000 /yr | |
| 1603 | Studio | 405 sqft | AED 475KAED 475,000 · Mar 2017March 2017 | 52,000 /yr | |
| 1604 | 1-bed | 759 sqft | AED 850KAED 850,000 · Jun 2017June 2017 | 70,000 /yr | |
| 1605 | Studio | 390 sqft | AED 465KAED 465,000 · Dec 2016December 2016 | 41,000 /yr | |
| 1606 | Studio | 390 sqft | AED 465KAED 465,000 · Jan 2017January 2017 | 38,110 /yr | |
| 1607 | 1-bed | 759 sqft | AED 850KAED 850,000 · Apr 2017April 2017 | 65,000 /yr | |
| 1608 | Studio | 405 sqft | AED 535KAED 535,000 · Jan 2025January 2025 | 54,000 /yr | |
| 1609 | Studio | 404 sqft | AED 475KAED 475,000 · Dec 2016December 2016 | 38,500 /yr | |
| 1610 | 2-bed | 1,199 sqft | AED 1.19MAED 1,187,500 · Jan 2022January 2022 | 95,000 /yr | |
| 1611 | Studio | 404 sqft | AED 520KAED 520,000 · Mar 2017March 2017 | 46,000 /yr | |
| 1613 | 1-bed | 759 sqft | AED 865KAED 865,000 · Mar 2017March 2017 | 50,000 /yr | |
| 1614 | Studio | 390 sqft | AED 330KAED 330,000 · Apr 2022April 2022 | 44,000 /yr | |
| 1615 | Studio | 389 sqft | AED 505KAED 505,000 · Feb 2025February 2025 | 40,000 /yr | |
| 1616 | 1-bed | 759 sqft | AED 865KAED 865,000 · Mar 2017March 2017 | 65,000 /yr | |
| 1617 | Studio | 405 sqft | AED 490KAED 490,000 · Mar 2024March 2024 | 31,000 /yr | |
| 1618 | 404 sqft | AED 540KAED 540,000 · Sep 2025September 2025 | 50,000 /yr |
1612, Miraclz Tower by Danube in numbers
- Sold once: by Danube Properties Development on 11 July 2017 for AED 530,000, or AED 1,309 per sqft.
- Rented since December 2021 on 2 Ejari contracts, from AED 30,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 5,100 a year (AED 12.67 per sqft).
- Studios in Miraclz Tower by Danube sold for AED 450,000–575,000 in the 12 months to November 2026; the building's median across all types is AED 1,297 per sqft.
Source: Dubai Land Department. Updated 13 May 2023.
Questions about 1612, Miraclz Tower by Danube
What did unit 1612 last sell for?
AED 530,000 on 11 July 2017, sold by the developer: AED 1,309 per sqft for 405 sqft. It is the only registered sale of the unit.
What is the rent for unit 1612?
AED 36,000 a year on the contract signed on 13 May 2023. The previous contract, from December 2021, was AED 30,000.
How big is unit 1612?
405 sqft (37.6 sqm): a studio on the 16th floor of a 34-storey tower completed in 2019.
What is unit 1612 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Miraclz Tower by Danube sold for AED 450,000 to 575,000 in the last 12 months, around AED 1,384 per sqft.
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Mortgage on 1612, Miraclz Tower by Danube
Starts from the last sale price (AED 530K, 11 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 530,000
- Deposit, UAE resident (20%)
- AED 106,000
- Deposit, non-resident (40%)
- AED 212,000
- Monthly over 25 years at 3.7%
- AED 2,168
Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →